HYPER: Binance ↔ Bybit arbitrage

HYPER arbitrage between Binance and Bybit: we compare the price of HYPER on Binance (futures) and Bybit (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

HYPER: Binance — deposit open, withdrawal open.

Open interest in HYPER right now — $3.4M: Binance $1.7M, Bybit $935.1K, Bitget $312.9K, KuCoin $295.4K, HyperLiquid $171.0K. See OI HYPER.

About HYPER arbitrage

How do I read the HYPER spread?

The spread is how many percent higher HYPER trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Binance and Bybit. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get HYPER alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.